PalmPay

PalmPay, established in 2018, is a prominent fintech entity operating within the Credit Cards & Transaction Processing and Finance sectors. The company provides a comprehensive suite of financial services tailored for both individual consumers and merchants. With a single operational location, PalmPay focuses on delivering innovative digital solutions to enhance financial accessibility and efficiency across its user base. Its core mission revolves around simplifying payments and offering valuable financial tools.

For merchants, PalmPay offers the PalmPartner app, which facilitates online payment processing and offline Point of Sale (POS) acquiring services, with plans to integrate digital marketing services. Consumers benefit from a wide array of features including no-fee payment options, low-cost money transfers, convenient bill payments, engaging rewards programs, and discounted airtime purchases. The company operates with an employee range of 1,000-5,000 individuals, underscoring its significant operational capacity and commitment to service delivery.

PalmPay has demonstrated substantial financial growth, reporting revenue of $64.0M. The company has secured significant funding, including a Series A round of $140 million in August 2021 and a Series B round of $100 million in June 2025, with investors such as Midas Group, Transsion, and GIC. This financial backing supports its expansion and service development. Further details on its financial performance are available via Explore financial highlights, and insights into its organizational structure can be found by looking at Meet PalmPay's team.